PPP Loan information for Forest city erectors inc

$1,600,000

Forest city erectors inc was initially approved for PPP Loan of amount $1,600,000, the current approved amount is $1,600,000. The loan was approved on 03/18/2021 by The The Middlefield Banking Company reported 70 jobs and $1,600,000 was used to fund payroll.

Forest city erectors inc is Existing or more than 2 years old

FOREST CITY ERECTORS INC

Date Approved

03/18/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

FOREST CITY ERECTORS INC

Borrower Address

8200 Boyle Pkwy

Borrower City

Twinsburg

Borrower State

OH

Borrower Zip

44087-2248

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1600000.00

Current Approval Amount

1600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57805

Servicing Lender Name

The Middlefield Banking Company

Servicing Lender Address

15985 E High St

Servicing Lender City

MIDDLEFIELD

Servicing Lender State

OH

Servicing Lender Zip

44062

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Twinsburg

Project County Name

SUMMIT

Project State

OH

Project Zip

44087-2248

CD

OH-13

Jobs Reported

70

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1599997.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57805

Originating Lender

The Middlefield Banking Company

Originating Lender City

MIDDLEFIELD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1609600.00

Forgiveness Date

11/04/2021

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